GBPUSD inches lower. Back below trend line after run higher fails. - ConsultFX

GBPUSD inches lower. Back below trend line after run higher fails.

Upside quickly rejected today The GBPUSD tried to go higher.  But after the employment numbers in the London session, gave up and fell back lower.  The move higher did take the price above a topside trend line and the 100 hour MA (blue line in the chart above), but stalled ahead of Friday's high and swing low